OTP Banka Slovakia

OTP Slovakia's capital adequacy ratio rose 16.3% to 15.0% in 2017

By Helgi Analytics - May 25, 2018

OTP Banka Slovakia's capital adequacy ratio reached 15.0% at the end of 2017, up from 12.9% compared to the previous year. Hi...

OTP Slovakia's customer loans fell 0.341% to EUR 1,142 mil in 2017

By Helgi Analytics - December 12, 2019

OTP Banka Slovakia's customer loans reached EUR 1,142 mil in 2017, down 0.341% compared to the previous year. Slovak banking se...

OTP Slovakia's mortgage loans fell 24.5% to EUR 23.2 mil in 2017

By Helgi Analytics - December 12, 2019

OTP Banka Slovakia's mortgage loans reached EUR 23.2 mil in 2017, down 24.5% compared to the previous year. Slovak banking sect...

Profit Statement 2015 2016 2017
Net Interest Income EUR mil 47.3 47.5 43.9
Fee Income (As % Of Revenues) % 18.8 17.2 20.7
Other Income EUR mil 0 3.08 0.954
Total Revenues EUR mil 58.2 61.1 56.6
Staff Cost EUR mil 17.5 17.7 17.9
Operating Profit EUR mil 17.9 22.6 19.1
Provisions EUR mil 14.1 26.2 24.8
Net Profit EUR mil 2.95 -3.02 -5.93
Balance Sheet 2015 2016 2017
Interbank Loans EUR mil 127 0.002 0.009
Customer Loans EUR mil 1,145 1,146 1,142
Debt Securities EUR mil 86.8 93.4 93.8
Total Assets EUR mil 1,435 1,456 1,458
Shareholders' Equity EUR mil 114 108 126
Interbank Borrowing EUR mil 14.3 3.14 10.4
Customer Deposits EUR mil 1,234 1,181 1,110
Issued Debt Securities EUR mil 54.9 136 188
Ratios 2015 2016 2017
ROE % 2.66 -2.73 -5.09
ROA % 0.204 -0.209 -0.407
Costs (As % Of Assets) % 2.78 2.66 2.58
Costs (As % Of Income) % 69.2 63.0 66.3
Capital Adequacy Ratio % 13.4 12.9 15.0
Net Interest Margin % 3.26 3.29 3.01
Loans (As % Of Deposits) % 92.8 97.0 103
NPLs (As % Of Loans) % 9.05 11.9 7.20
Provisions (As % Of NPLs) % 49.3 54.4 97.3
Growth Rates 2015 2016 2017
Total Revenue Growth % 3.85 4.94 -7.43
Operating Cost Growth % -4.83 -4.57 -2.48
Operating Profit Growth % 30.6 26.3 -15.8
Net Profit Growth % 567 -202 96.3
Customer Loan Growth % 4.65 0.134 -0.341
Total Asset Growth % -2.16 1.43 0.137
Customer Deposit Growth % 2.97 -4.22 -6.08
Shareholders' Equity Growth % 5.32 -5.40 16.6
Employees 669 657 665

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Net Interest Income EUR mil                     39.9 42.3 41.3 46.3 47.3    
Total Revenues EUR mil                     49.6 52.6 52.4 56.1 58.2    
Operating Profit EUR mil                     13.0 9.31 9.55 13.7 17.9    
Net Profit EUR mil                     1.10 -2.07 1.01 0.443 2.95    
balance sheet                                  
Interbank Loans EUR mil                     64.6 59.8 34.1 199 127    
Customer Loans EUR mil                     888 917 1,056 1,094 1,145    
Debt Securities EUR mil                     93.7 232 254 83.7 86.8    
Total Assets EUR mil                     1,122 1,271 1,421 1,467 1,435    
Shareholders' Equity EUR mil                     98.9 97.7 98.6 108 114    
Interbank Borrowing EUR mil                     3.13 1.00 67.5 36.4 14.3    
Customer Deposits EUR mil                     934 1,032 1,124 1,198 1,234    
Issued Debt Securities EUR mil                     165 126 113 106 54.9    
ratios                                  
ROE %                     1.18 -2.10 1.03 0.429 2.66    
ROA %                     0.097 -0.173 0.075 0.031 0.204    
Costs (As % Of Assets) %                     3.20 3.62 3.18 2.93 2.78    
Costs (As % Of Income) %                     73.8 82.3 81.8 75.5 69.2    
Capital Adequacy Ratio % ... ... ... ...             13.1 12.8 10.6 13.5 13.4    
Net Interest Margin %                     3.49 3.53 3.07 3.21 3.26    
Interest Income (As % Of Revenues) %                     80.5 80.4 78.7 82.7 81.2    
Fee Income (As % Of Revenues) %                     18.0 19.3 19.9 17.3 18.8    
Staff Cost (As % Of Total Cost) %                     39.7 35.3 38.6 40.7 43.4    
Equity (As % Of Assets) %                     8.81 7.69 6.94 7.37 7.93    
Loans (As % Of Deposits) %                     95.1 88.9 93.9 91.3 92.8    
Loans (As % Assets) %                     79.1 72.2 74.3 74.6 79.8    
NPLs (As % Of Loans) % ...                   8.26 8.93 10.5 9.93 9.05    
Provisions (As % Of NPLs) % ...                   61.6 63.4 51.1 48.8 49.3    
income statement Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Interest Income EUR mil                     60.9 66.8 62.5 64.3 61.1    
Interest Cost EUR mil                     21.0 24.5 21.3 18.0 13.8    
Net Interest Income EUR mil                     39.9 42.3 41.3 46.3 47.3    
Net Fee Income EUR mil                     8.94 10.1 10.4 9.72 10.9    
Other Income EUR mil                     0.708 0.182 0.694 0 0    
Total Revenues EUR mil                     49.6 52.6 52.4 56.1 58.2    
Staff Cost EUR mil                     14.5 15.3 16.5 17.3 17.5    
Depreciation EUR mil                     6.10 5.80 5.54 4.86 4.69    
Other Cost EUR mil                     15.9 22.2 20.8 20.2 18.1    
Operating Cost EUR mil                     36.6 43.3 42.8 42.4 40.3    
Operating Profit EUR mil                     13.0 9.31 9.55 13.7 17.9    
Provisions EUR mil                     11.6 11.4 8.46 14.2 14.1    
Extra and Other Cost EUR mil                     0 < 0.001 < 0.001 < -0.001 < 0.001    
Pre-Tax Profit EUR mil                     1.36 -2.07 1.10 -0.472 3.79    
Tax EUR mil                     0.257 0 0.085 -0.029 0.831    
Minorities EUR mil                     0 0 0 0 0    
Net Profit EUR mil                     1.10 -2.07 1.01 0.443 2.95    
growth rates                                  
Net Interest Income Growth % ...                   -1.97 5.92 -2.42 12.4 2.03    
Net Fee Income Growth % ...                   3.57 13.3 3.03 -6.89 12.5    
Total Revenue Growth % ...                   -1.45 6.11 -0.386 7.03 3.85    
Operating Cost Growth % ...                   -2.20 18.4 -1.04 -1.12 -4.83    
Operating Profit Growth % ...                   0.744 -28.4 2.63 43.6 30.6    
Pre-Tax Profit Growth % ...                   -144 -252 -153 -143 -902    
Net Profit Growth % ...                   -132 -287 -149 -56.3 567    
market share                                  
Market Share in Revenues %                     2.03 2.51 2.26 2.28 2.56    
Market Share in Net Profit %     ...           ... ... 0.164 ... 0.185 0.079 0.488 ... ...
Market Share in Employees %                     3.10 3.37 3.48 3.54 3.54    
Market Share in Bank Cards % ...                   2.60 2.77 2.48 ... ... ... ...
Market Share in Branches %                     6.67 6.60 7.18 6.46 6.34    
balance sheet Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                  
Cash EUR mil                     44.4 32.2 45.6 57.3 45.0    
Interbank Loans EUR mil                     64.6 59.8 34.1 199 127    
Customer Loans EUR mil                     888 917 1,056 1,094 1,145    
Retail Loans EUR mil ... ... ... ... ...           440 489 608 647 692    
Mortgage Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... 83.5 58.2 41.0    
Consumer Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... 522 586 625    
Corporate Loans EUR mil ... ... ... ... ...           448 428 448 447 506    
Debt Securities EUR mil                     93.7 232 254 83.7 86.8    
Fixed Assets EUR mil                     28.3 26.9 27.9 29.0 28.6    
Total Assets EUR mil                     1,122 1,271 1,421 1,467 1,435    
Shareholders' Equity EUR mil                     98.9 97.7 98.6 108 114    
Of Which Minority Interest EUR mil                     0 0 0 0 0    
Liabilities EUR mil                     1,024 1,173 1,322 1,359 1,321    
Interbank Borrowing EUR mil                     3.13 1.00 67.5 36.4 14.3    
Customer Deposits EUR mil                     934 1,032 1,124 1,198 1,234    
Retail Deposits EUR mil ... ... ...               606 682 748 816 781    
Corporate Deposits EUR mil ... ... ...               207 208 228 235 265    
Sight Deposits EUR mil ... ... ... ... ... ... ... ... ... ... ... ... 399 439 543    
Term Deposits EUR mil ... ... ... ... ... ... ... ... ... ... ... ... 665 717 642    
Issued Debt Securities EUR mil                     165 126 113 106 54.9    
Other Liabilities EUR mil                     -78.3 13.8 17.5 18.2 18.6    
asset quality                                  
Non-Performing Loans EUR mil ...                   77.2 86.8 117 114 108    
Gross Loans EUR mil                     936 972 1,116 1,150 1,198    
Total Provisions EUR mil                     47.6 55.0 59.8 55.8 53.4    
growth rates                                  
Customer Loan Growth % ...                   -2.00 3.30 15.1 3.57 4.65    
Retail Loan Growth % ... ... ... ... ... ...         13.9 11.0 24.4 6.35 6.98    
Mortgage Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... -30.3 -29.4    
Consumer Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... 12.2 6.60    
Corporate Loan Growth % ... ... ... ... ... ...         -13.9 -4.28 4.56 -0.221 13.2    
Total Asset Growth % ...                   -3.70 13.2 11.8 3.24 -2.16    
Shareholders' Equity Growth % ...                   11.7 -1.24 0.926 9.62 5.32    
Customer Deposit Growth % ...                   1.30 10.5 8.95 6.54 2.97    
Retail Deposit Growth % ... ... ... ...             2.66 12.6 9.69 9.10 -4.35    
Corporate Deposit Growth % ... ... ... ...             -8.92 0.827 9.65 3.06 12.8    
market share                                  
Market Share in Customer Loans %                     2.44 2.47 2.69 2.62 2.52    
Market Share in Corporate Loans % ... ... ... ... ...           2.88 2.86 3.07 3.11 3.23    
Market Share in Retail Loans % ... ... ... ... ... ... ... ... ... ... ... ... 9.93 10.3 10.1    
Market Share in Consumer Loans % ... ... ... ... ...           2.56 2.60 2.96 2.81 2.67    
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ... ... ... ... ... 0.546 0.335 0.208    
Market Share in Total Assets %                     1.90 2.13 2.33 2.28 2.08    
Market Share in Customer Deposits %                     2.33 2.44 2.54 2.60 2.44    
Market Share in Retail Deposits % ... ... ...               2.41 2.56 2.73 2.86 2.51    
Market Share in Corporate Deposits % ... ... ...               2.23 2.18 2.11 2.19 2.25    
ratios Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                  
ROE %                     1.18 -2.10 1.03 0.429 2.66    
ROA %                     0.097 -0.173 0.075 0.031 0.204    
Costs (As % Of Assets) %                     3.20 3.62 3.18 2.93 2.78    
Costs (As % Of Income) %                     73.8 82.3 81.8 75.5 69.2    
Capital Adequacy Ratio % ... ... ... ...             13.1 12.8 10.6 13.5 13.4    
Tier 1 Ratio % ... ... ... ... ... ... ... ... ... ... 10.8 11.3 9.90 11.3 11.2    
Net Interest Margin %                     3.49 3.53 3.07 3.21 3.26    
Interest Spread % ...                   3.33 3.35 2.94 3.11 3.18    
Asset Yield %                     5.32 5.58 4.65 4.46 4.21    
Cost Of Liabilities % ...                   2.00 2.23 1.70 1.34 1.03    
Interest Income (As % Of Revenues) %                     80.5 80.4 78.7 82.7 81.2    
Fee Income (As % Of Revenues) %                     18.0 19.3 19.9 17.3 18.8    
Other Income (As % Of Revenues) %                     1.43 0.346 1.32 0 0    
Cost Per Employee USD per month                     2,942 2,597 2,833 2,804 2,498    
Cost Per Employee (Local Currency) EUR per month                     2,116 2,023 2,134 2,176 2,179    
Staff Cost (As % Of Total Cost) %                     39.7 35.3 38.6 40.7 43.4    
Equity (As % Of Assets) %                     8.81 7.69 6.94 7.37 7.93    
Loans (As % Of Deposits) %                     95.1 88.9 93.9 91.3 92.8    
Loans (As % Assets) %                     79.1 72.2 74.3 74.6 79.8    
NPLs (As % Of Loans) % ...                   8.26 8.93 10.5 9.93 9.05    
Provisions (As % Of NPLs) % ...                   61.6 63.4 51.1 48.8 49.3    
Provisions (As % Of Loans) %                     5.36 6.00 5.67 5.10 4.67    
Cost of Provisions (As % Of Loans) %                     1.30 1.26 0.857 1.32 1.26    
other data Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                  
Branches                     69.0 70.0 68.0 61.0 60.0    
Employees                     572 629 645 661 669    
ATMs ...                   115 113 123 139 141    
Clients mil ... ... ... ...   ... ... ... ... ... ... ... 0.252 0.253 0.246 ... ...
Payment Cards '000 ...                   139 127 119 ... ... ... ...
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... 35.4 36.6 44.0    

Get all company financials in excel:

Download Sample   $19.99

OTP Slovakia's corporate deposits fell 2.24% to EUR 436 mil in 2017

By Helgi Analytics - July 16, 2018

OTP Banka Slovakia's corporate deposits reached EUR 436 mil in 2017, down 2.24% compared to the previous year. Slovak banking sector accepted corporate deposits of EUR 12.3 bil in 2017, up 9.35% when compared to the last year. OTP Banka Slovakia accounted...

OTP Slovakia's net profit fell 96.3% to EUR -5.93 mil in 2017

By Helgi Analytics - May 25, 2018

OTP Banka Slovakia made a net profit of EUR -5.93 mil in 2017, down 96.3% compared to the previous year. This implies a return on equity of -5.09%. Historically, the bank’s net profit reached an all time high of EUR 17.2 mil in 2001 and an all time low of E...

OTP Slovakia's npls (as % of loans) fell 39.5% to 7.20% in 2017

By Helgi Analytics - May 25, 2018

OTP Banka Slovakia's non-performing loans reached 7.20% of total loans at the end of 2017, down from 11.9% compared to the previous year. Historically, the NPL ratio hit an all time high of 17.3% in 2002 and an all time low of 4.35% in 2008. Provision cover...

OTP Slovakia's customer deposits fell 6.08% to EUR 1,110 mil in 2017

By Helgi Analytics - December 12, 2019

OTP Banka Slovakia's customer deposits reached EUR 1,110 mil in 2017, down 6.08% compared to the previous year. Slovak banking sector accepted customer deposits of EUR 55.7 bil in 2017, up 5.33% when compared to the last year. OTP Banka Slovakia accounted...

OTP Slovakia's total revenues fell 7.43% to EUR 56.6 mil in 2017

By Helgi Analytics - July 16, 2018

OTP Banka Slovakia generated total banking revenues of EUR 56.6 mil in 2017, down 7.43% compared to the previous year. Slovak banking sector banking sector generated total revenues of EUR 2,324 mil in 2017, down 10.6% when compared to the last year. ...

OTP Slovakia's net interest margin fell 8.35% to 3.01% in 2017

By Helgi Analytics - May 25, 2018

OTP Banka Slovakia's net interest margin amounted to 3.01% in 2017, down from 3.29% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.53% in 2012 and an all time low of 2.40% in 2006. The average m...

OTP Slovakia's employees rose 1.22% to 665 in 2017

By Helgi Analytics - May 25, 2018

OTP Banka Slovakia employed 665 persons in 2017, up 1.22% when compared to the previous year. Historically, the bank's workforce hit an all time high of 835 persons in 2001 and an all time low of 569 in 2010. Average cost reached USD 2,513 per month per employee,...

OTP Slovakia's branches remain unchanged at 61.0 in 2017

By Helgi Analytics - September 26, 2018

OTP Banka Slovakia employed 665 persons in 2017, up 1.22% compared to the previous year. Historically, the bank's workforce hit an all time high of 823 persons in 2002 and an all time low of 569 in 2010. The bank operated a network of 61.0 branches and 148...

OTP Slovakia's retail deposits fell 8.31% to EUR 673 mil in 2017

By Helgi Analytics - July 16, 2018

OTP Banka Slovakia's retail deposits reached EUR 673 mil in 2017, down 8.31% compared to the previous year. Slovak banking sector accepted retail deposits of EUR 35.1 bil in 2017, up 4.67% when compared to the last year. OTP Banka Slovakia accounted for 1...

OTP Slovakia's corporate loans fell 5.52% to EUR 490 mil in 2017

By Helgi Analytics - December 12, 2019

OTP Banka Slovakia's corporate loans reached EUR 490 mil in 2017, down 5.52% compared to the previous year. Slovak banking sector provided corporate loans of EUR 17.5 bil in 2017, up 6.40% when compared to the last year. OTP Banka Slovakia accounted for 2...

More News

OTP Banka Slovakia is a Slovakia-based universal bank. With 63 branches and 641 employees, the Bank held over 2% of the Slovakian banking market at the end of 2013. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. As its name suggests, OTP Banka Slovakia is a subsidiary of Hungary's OTP Banking Group. Apart from being a leader on the domestic market, the OTP Group currently operates in 8 countries of the CEE region, namely in Slovakia, Bulgaria, Serbia, Romania, Croatia, Ukraine, Montenegro and Russia. In 2012, OTP Group had more than 36,000 employees and served approximately 13 mil clients through over 1,400 branches.

OTP Banka Slovakia Logo

Finance

OTP Banka Slovakia has been growing its revenues and asset by 2.02% and 0.022% a year on average in the last 10 years. Its loans and deposits have grown by 2.35% and 2.15% a year during that time and loans to deposits ratio reached 103% at the end of 2017. The company achieved an average return on equity of -2.16% in the last decade with net profit growing nan% a year on average. In terms of operating efficiency, its cost to income ratio reached 66.3% in 2017, compared to 73.4% average in the last decade.

Equity represented 8.61% of total assets or 11.0% of loans at the end of 2017. OTP Banka Slovakia's non-performing loans were 7.20% of total loans while provisions covered some 97.3% of NPLs at the end of 2017.